Oil Prices: Tracking Commercial Inventory Trends Rather Than SPR Trends

Author: Brynne Kelly 9/18/ 2022

,Special Note: US SPR inventory balances have come under scrutiny lately as historic, record draws are set to come to an end in November of this year. This has been headline-making, more-so with President Biden announcing his intention to purchase oil at $80. We will address that in the context of this analysis which attem…